Price hike paragraph: Hey guys, today I am
going to express the paragraph on price hike or spiral of essential commodities
in Bangladesh. The question pattern may be like – Write a paragraph on price
hike or spiral in Bangladesh.
Or, write a paragraph about / mentioning / describing the
causes and effects of price hike of essential commodities.
Or, write a paragraph on / about price hike / spiral by answering the following questions:
Or, write a paragraph on / about price hike / spiral by answering the following questions:
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| Price hike paragraph |
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What is price hike or price spiral? What are
the causes of it? What are the effects of it? How do we suffer for it?
How can government control it?
Answer:
Price hike / Price
Spiral (150 words)
The unusual rising in prices of daily essential commodities
can be defined as price hike. At present it is a common phenomenon in
Bangladesh. Many reasons are responsible behind price hike. Rapid growth of population, hoarding, black market,
market syndicate, natural disasters, limited cultivable lands, shortage of
commodities supply, money inflation, political turmoil etc. are the most common in
them. Besides, most often some dishonest and greedy businessmen create an
artificial crisis in the market to make illegal profit. Consequently, there
occurs price hike. The effects of price spiral are beggar description. Mainly
the poor and the middle class people are the worst suffer for it. Govt. should
take some effective steps such as creating monitoring cell, keeping strong to
import product in crisis condition, motivating farmers to grow hi-breed crops
etc. Again, the law enforcement agencies should take punitive action against
the greedy businessmen and black marketers. Mass media can also play a vital role
to reduce this issue.
Paragraph in short: 200 words:
Price hike / Price
Spiral
Price hike means the unusual increase of prices of the daily essential commodities. Nowadays, this is a common picture in Bangladesh. When the buying ability of the common people goes
beyond control for sudden rising of daily necessities is called price hike or
price spiral. Every day the prices
various necessary commodities are increasing. There are many reasons of price hike. Rapid growth of population and hoarding, black market etc. are the main
causes of price hike. Apart from this, market syndicate, natural disasters,
limited cultivable lands, shortage of commodities supply, money inflation, and
political turmoil are responsible for this price hike. Moreover, there are some
dishonest and greedy businessmen who create an artificial crisis in the market to
sell crops at higher prices. As a result, there occurs price hike. The rising
situation of prices in the market affects the general people seriously.
Especially the poor and the middle class suffer much in this circumstance.
Children also suffer from malnutrition for the want of balance diet. To eradicate
this problem govt. should form a monitoring cell and have an arrangement to
import essential commodities in the crisis moment. Hi-breed crops should be
grown in plenty. Money inflation, activities of black market, political unrest
should be controlled. Again, the law enforcement agencies should take punitive
action against the ill motive businessmen and black marketers.
In details – long or broad paragraphs: 300
words;
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Paragraph on price hike
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Price Spiral / Price
hike
When the prices of the daily necessary commodities go high compared to the normal range, it is called price hike or
price spiral. It is the situation of beyond capacity of the people to buy daily
essentials. Every day the prices various necessary commodities are increasing.
There are many reasons for price hike. Firstly, our population is growing
rapidly. But our land is limited. As a result crops are not growing according
to our demand. Secondly, sometimes
natural disasters like flood and draught are responsible for price hike. There are also some dishonest businessmen who
always try to buy crops in cheap rate at the beginning of the season. After
then they create an artificial crisis situation in the market and sell crops at
higher price to make illegal profit. Consequently, there occurs price hike.
Apart from these market syndicate, hoarding, black market and political unrest
are responsible for price spiral. The rising situation of prices in the market
affects the general people very seriously. As most people of our country live
below the poverty line, they cannot afford to keep pace with the rising
condition. So, sufferings of them know no bound. Children also suffer from
malnutrition for price for the want of balance diet. It is imperative to
control the price hike at any cost. To solve this problem govt. should form a
monitoring cell. Some essential commodities should be imported at the time of
crisis situation. Govt. should have an arrangement to import essential
commodities and should establish public sale points at the crisis situation. Hi-breed
crops should be grown in plenty. Money inflation, activities of black market,
political turmoil should be derived away. Again,
law enforcement agencies should take punitive action against the dishonest
businessmen and black marketers.
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